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Bytecoin is a popular cryptocurrency that you might be considering for investment, but it can take up to five days for a transaction to go through with some exchanges like Poloniex when things are delayed for maintenance. So, should you still buy it, and how do you get your coins quickly?

What is Bytecoin?

Bytecoin (BCN) is the cryptocurrency you will need to join the Bytecoin economy. You can store your BCN in your multi-sig wallet or Bytecoin wallet before exchanging and transferring them with complete privacy. Transactions are completely anonymous; no one can see who sent the money, who receives the money, or how much money is moving. As of today (December 7, 2017), 1 BCN is worth about 0.00000016 BTC, according to Changelly. Of course, it may vary a little depending on the place you purchase or exchange for your BCN. In dollars, 1 BCN is worth $0.002533 according to CoinMarketCap.

The best places to buy Bytecoin

The official website has a handy page with all the places you can buy. We particularly recommend Changelly for your BTC to BCN exchanges and Cryptonator for USD to BCN. Cryptonator also has a wallet you can use for your BCN. With Changelly, you need just put the address of your wallet as the recipient and then sit back and wait for your BCN to arrive. Both are popular, relatively quick, and reliable websites where you can exchange your cryptocurrency. As always, it’s best to have a look at several different exchanges before you decide where to buy your cryptocurrency to ensure you’re getting the best rate.

What to do with your BCN

Once you’ve got your BCN in your wallet, you can start saving, spending, and exchanging. There are only a few stores you can buy from with it, but if you’re a fan of rare Indian tea and French art masterpieces, you’re in luck. There’s also a Bytecoin casino, in case you’re feeling really lucky. If you go off the idea of Bytecoin, you can always use Changelly to transfer it somewhere else.